S+P 500 gunning for a new record high ahead Jackson Hole?

The US stock markets look like they are going to shortly rise to fresh sunlit uplands any day soon. Yesterday the S+P 500 continued to recover (as did the Dow and the Nasdaq 100 of course) and ended the session above 5,600. The index closed at 5,608.25, with a gain of exactly 54 points on the day. That means the index is back within clear striking distance of the record high it set on July 16, at 5,669.67. The US stock markets are clearly gunning for a new record it seems across all the major indexes and gunning for it perhaps ahead of the Jackson Hole speech from Jerome Powell on Friday. As to what happens after that; your guess is as good as mine. To be honest there does not seem like much in the way of stopping the index setting a new record this week, but it is wise to never take that for granted. The index futures are just now pricing a largely unchanged reopening